Major League baseball: what really puts fans in the stands?
|
 |
|
Post a Comment
|
 |
|
|
|
|
ABSTRACT:
Attendance at Major League Baseball games has long been thought to be a function of the uncertainty of a game's outcome. Optimal uncertainty and, in turn, maximal attendance are said to occur when there is a 60 percent chance that the home team will win. This study reexamined the data used by past researchers and found that the betting odds associated with a 60 percent probability of winning (7-8) are more consistent with outcome certainty than with the accepted conclusion of outcome uncertainty. One explanation for the counterintuitive finding may be that it simply costs too much to attend a MLB game today to take the chance of witnessing a losing effort.
|
|
|
|
STATISTICS
|
|
Click on # to view
|
|
Citations
|
|
0
|
|
References
|
|
0
|
|
Comments
|
|
0
|
|
Quality
|
|
0/0.00
|
|
Interest
|
|
0/0.00
|
|
View(er)s
|
|
4/310
|
|
|
|
|
|
|
| Prev |
Next |
|